The article gives information about the U.S. Treasury Department's holdings in General Motors and Ally Financial companies and the Troubled Asset Relief Program Special Inspector General Christy Romero's comment that the Treasury should sell the holdings which were acquired through bailouts.

The article reports that the U.S. Department of Treasury has been criticized by the special inspector general for the bailout program of the government for failing to consider the impact of economic crisis when it ordered automotive makers General Motors and Chrysler to immediately terminate...

The article reports on the $87.6 million received by the PlainsCapital Corp. from the U.S. Treasury Department's financial rescue program in Texas. It states that the company was among the 92 local banks receiving a share of $4.7 billion issued by the Treasury. It says that the taxpayer funds...

The article comments on the bailout package of the U.S. government to Detroit 3, which include General Motors Corp. (GM) Ford Motor Co. and Chrysler Corp. It is stated that bailout by the U.S. Treasury Department may lead a merger of GM and Chrysler. It is noted that if Chrysler is merged into...